Bar Grill Wings Unique Concept - 30322

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$399,000 $1,174,194

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar Grill Wings Unique Concept - 30322 Broker: Mel Vaz
Owner Financing is Available!
$240,000.00 Down & $159,000 over 5 years @ 6%

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,174,194
Net Profit: Not Disclosed
Cash Flow: $177,590
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 65104447
Broker Reference #: Not Disclosed

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Business Overview:

Unique Concept. This owner put a different spin on a bar, grill and wings and it is working. Located in a densely populated and affluent area of N.Shore Suffolk County, this business offers 2,400 square feet and over 40 parking spaces. They have 30 flat screen tv's to catch every sporting event and a full size bar. There are 11 years (6 5) left on the current lease with a rent of $10,395 (which includes taxes, garbage, cesspool and grease trap maintenance fees, water, landscaping, snow removal, fire alarm, outside lighting and sprinklers). In the past year the business grossed approximately $1,274,000 (30% bar, 70% food) with a net cash flow of approx. $177,590. There is upside in bringing down the current food cost of 45%, adding delivery, and pushing take-out (currently only 2% of sales). They have no advertising budget. We are seeking a serious and financially qualified buyer with at least $240,000 in liquid funds for the downpayment and $15,000 for the rent security. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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